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look like. >> reporter: it is one of the most popular government programs, but medicare now accounts for more than 13% of federal spending, and expected to grow at what many analysts call an unsustainable rate. so among the many options congress could consider to cut costs, slowly raise the eligibility age, and it would affect mr. and mrs. green, who live on any street, usa, both turning 65 next year will unlikely be affected, both still eligible for medicare coverage. but it could affect mr. and mrs. brown, who are only sixty. that could raise the number to sixty-five, and mr. and mrs. jackson, fifty-five, may not be eligible until they're sixty-six or older. but others say it would shift the costs to health care providers and private insurers. >> so as the private number pays more, the government saves money. but total costs rise. >> reporter: congresss could also change the means test, meaning seniors who earn more must pay more mrs. graham, for example, with income of less than 85,000 a year will pay a premium of 85 a month. her neighbors earning more than $85,000 a year, already
of their money to the federal government. without raising tax rates. >> reporter: and the president today offered this warning to republicans. amid reports they may accept mr. obama's plan to extend tax cuts for most americans while allowing them to go up for the richest, and start the fight all over again during debt limit talks early next year. >> that is a bad strategy for america. it is a bad strategy for your businesses. and it is not a game that i will play. >> reporter: and brian, tonight, the white house is preparing in case the country does go over that fiscal cliff, budget officials have asked all federal agencies for information that they need in case of possible plans in case of those automatic spending cuts that could go in place in just 27 days. >> peter alexander at the white house for us tonight. thank you. >>> and up next, the loss today of a legend in american music. i put away money. i was 21, so i said, "hmm, i want to retire at 55." and before you know it, i'm 58 years old. time went by very fast. it goes by too, too fast. ♪ but i would do it again in a heartbeat. [ laughs
law still prohibits the sale in any state. >> the federal government may prosecute anyone who uses marijuana on federal land, parks's courthouses, and could go after the large-scale growers whether or n who supply the marijuana. >> reporter: but attitudes towards pot may be changing, where just say no filling tv screens now shows pot as a suburban staple. in a new poll, americans favor it being legal, 41-51%. >> i think cigarettes and alcohol are a lot more dangerous. >> i personally don't do it or encourage my kids to do it. >> reporter: next month, colorado will make possession there, where at least five other states are expected to take up the matter soon. more debates just getting fired up as washington state tries to navigate the still hazy logistics of legalizing pot. kristen dahlgren, los angeles. >>> and now to d.c., on the fiscal cliff, 26 days to go before the deadline. president obama was back at it campaign-style. went to the home of one middle class family in virginia, saying if the middle class tax cuts expire when the deadline hits it will cost the family an equivale
Search Results 0 to 4 of about 5 (some duplicates have been removed)